News Details
11th placed team set to lose constructors' prize money
Formula One is set to undergo a dramatic change in the awarding of prize money ahead of the sport's flotation on the Singapore stock exchange.
As reported by The Telegraph, Bernie Ecclestone is set to make the changes as the sport looks to prevent costs from spiralling. For 2013, a new pay-out system has been instigated which has seen prize money rise from 50 per cent to 63 per cent of the sport's operating profit.
Following the entry of Team Lotus (now Caterham), Virgin (now Marussia) and HRT (now defunct) to the sport in 2010, then-FIA president Max Mosley agreed a deal that would see the two teams that finished outside of the top ten receive a base $10m prize at the end of the...
Full Story »
Full Story »
12y ago from RichlandF1.com
0
You May Also Be Interested In...
Bahrain GP stupid - Ecclestone
Formula 1 boss Bernie Ecclestone believes the Bahrain government were...
12y ago from BBC.co.uk
Briatore: 'No reason for me to return to F1'
Former team principal Flavio Briatore says he sees no reason to return to...
12y ago from TheF1Times.com
Tyre talk dominating 2013 season
Amid all the noise and criticism surrounding Pirelli's approach to formula...
12y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez to ride identical Ducati to Marc Marquez...
No description available...
21h ago from Motorsport.com
How Liberty Media's immersion in MotoGP intensified at...
No description available...
22h ago from Motorsport.com
Marc Marquez: Misano MotoGP victory was the...
Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
3d ago from MotorsportWeek.c...
Analysis: Honda brings new fairing and ‘spoon’ to...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
19h ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
18h ago from Motorsport.com
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
2d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg wants “full season in WRC” after...
No description available...
4d ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
3d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
David Ornstein announces 'shock' Arsenal departure and...
Arsenal have made a major shake-up at boardroom level as Tim Lewis has...
58m ago from CaughtOffside.com
Arsenal latest: Vice-chair Lewis set to leave the the...
No description available...
1h ago from SkySports.com
Why not both?
Morning all, and happy Friday to you. It's a quiet one, with preparations...
2h ago from Arseblog.com
Henry, Arteta and more! Arsenal's best PL goals...
Ahead of their clash against Manchester City at the Emirates, take a look...
3h ago from SkySports.com
Comments
Hottest News
Oscar Piastri suffers Baku nightmare as McLaren star ruled...
Oscar Piastri's Azerbaijan Grand Prix got off to... Read More »
58m ago from GPFans.com
LIVE: 2025 F1 Azerbaijan Grand Prix - Baku Free Practice 1
Follow live coverage of Free Practice 1 from Baku... Read More »
2h ago from RacingNews365.com
Hamilton reveals he's sold entire car collection
Sep.19 Lewis Hamilton has admitted he no longer... Read More »
1h ago from OneStopStrategy.com
